LSP-Kendall To Refinance Debt

A deal to refinance debt associated with LSP-Kendall Energy launched last week with Credit Suisse First Boston, Lehman Brothers and Goldman Sachs leading the loan.

  • 23 Sep 2005
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A deal to refinance debt associated with LSP-Kendall Energy launched last week with Credit Suisse First Boston, Lehman Brothers and Goldman Sachs leading the loan. The $412 million term loan is being talked at LIBOR plus 2 3/4% with a call premium 102, 101. There is also a $10 million liquidity facility. The LSP-Kendall Energy Plant is located in Minooka, Ill. and consists of four 300 MW combined cycle units that includes a gas-fired combined cycle power generator. LS Power developed the asset and sold it to NRG Energy about five years ago, but reacquired it last December. A call to LS Power was not returned.

  • 23 Sep 2005

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 15,256 32 16.83
2 Bank of America Merrill Lynch (BAML) 10,179 30 11.23
3 Citi 9,751 23 10.76
4 Lloyds Bank 7,329 24 8.09
5 JP Morgan 6,580 10 7.26

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 RBC Capital Markets 251.51 1 25.00%
1 MUFG 251.51 1 25.00%
1 Credit Agricole CIB 251.51 1 25.00%
1 Bank of America Merrill Lynch 251.51 1 25.00%
Subtotal 1,006.02 1 100.00%